
Middle Class Purchasing Power Remains a Challenge for Prabowo-Gibran Administration
Two years into the Prabowo-Gibran administration, Indonesia faces a challenge of declining purchasing power, particularly among the middle class, despite economic growth. Experts cite income growth lagging behind the rising cost of living as the primary cause, urging the government to implement policies that boost incomes.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Indonesia Strengthens Response to MSCI Recommendation, Continues Capital Market Reform
President Prabowo Subianto received recommendations from the National Economic Council (DEN) regarding MSCI's proposal to reclassify Indonesia's capital market. DEN advised continuing capital market reforms and strengthening regulatory enforcement.
- Prabowo to Convene Full Cabinet Meeting This Afternoon
Indonesian Defense Minister Prabowo Subianto will convene a full cabinet meeting this afternoon. While specific agenda items have not been disclosed, the meeting is anticipated to be significant for governance and future policy decisions, drawing national and international attention.
- Gerindra Party Highlights 42 Ministers, Deputy Ministers' Underperformance, Suggests Cabinet Reshuffle
Indonesia's Gerindra Party has pointed out that 42 ministers and deputy ministers are not performing optimally, suggesting a potential cabinet reshuffle. The party is calling for a thorough review to meet public expectations.
- Indonesia to Industrialize Kratom and Incense, President Prabowo to Inaugurate Toba Research Center
The Indonesian government plans to industrialize kratom and incense, establishing a research center in Toba, North Sumatra. President Prabowo is slated to inaugurate the facility in March 2027, aiming to boost agricultural product value and create new industries.